Cars
As many insiders predicted, contract talks between General Motors and the United Auto Workers failed resulting to the first nationwide strike of GM factory employees since 1970. The strike was caused due to the conflict between GM’s CEO Rick Wagoner's need to cut labor and health-care costs, and UAW President Ron Gettelfinger's goal of protecting the pay and benefits of 73,000 union members at GM's U.S.
- Caw Threatens To Strike Detroit's Big 3 Simultaneously If They Don’t Agree On New Contract
The Canadian Auto Workers’ union (CAW) is the largest private sector union in the country with over 200,000 members. On September 5, it announced that it would strike General Motors, Ford and Chrysler, if contract talks do not progress. This is...
- Hyundai Reaches Tentative Wage Deal With Korean Labor Union, Offers 5.4% Increase And $8.5k Bonus
During July and August, the labor union at Hyundai’s South Korean plants staged a series of partial strikes over pay issues and working conditions. It was the first strike in four years and a major setback as it cost the Korean carmaker $1.4 billion...
- Strike 2: Uaw Goes On Strike Against Chrysler
Following the strike against GM a fortnight ago, UAW (United Auto Workers) went on strike against Chrysler LLC today after marathon negotiations between the union and the money-loosing American carmaker failed to produce a tentative agreement on a new...
- Gm - Uaw Deal: Non-core Workers To Get Half Pay!
As many insiders predicted when General Motors and the United Auto Workers (UAW) shook hands earlier this week, the shift of $50 billion in health-care obligations to the union fund was just half the story. Citing people with knowledge of the plan, Bloomberg...
- General Motors Uaw Strike's #1 Fact
Depending on your perspective, there is one fact in two parts that intrigues me more than anything else when it comes to today's announcement that 73,000 United Auto Workers from some 80 facilities would strike. You ready? Every hour during which...
Cars
GM Employees On Nationwide Strike As UAW Talks Fail
As many insiders predicted, contract talks between General Motors and the United Auto Workers failed resulting to the first nationwide strike of GM factory employees since 1970. The strike was caused due to the conflict between GM’s CEO Rick Wagoner's need to cut labor and health-care costs, and UAW President Ron Gettelfinger's goal of protecting the pay and benefits of 73,000 union members at GM's Al Benchich, president of UAW Local 909 in Warren, Michigan noted characteristically on Bloomberg, “We've been bending and GM management wants us to bend more and they are not willing to give''. On the other side of the fence, GM spokesman Dan Flores said, “We are disappointed in the UAW's decision to call a national strike. The bargaining involves complex, difficult issues that affect the job security of our
Via: Bloomberg
- Caw Threatens To Strike Detroit's Big 3 Simultaneously If They Don’t Agree On New Contract
The Canadian Auto Workers’ union (CAW) is the largest private sector union in the country with over 200,000 members. On September 5, it announced that it would strike General Motors, Ford and Chrysler, if contract talks do not progress. This is...
- Hyundai Reaches Tentative Wage Deal With Korean Labor Union, Offers 5.4% Increase And $8.5k Bonus
During July and August, the labor union at Hyundai’s South Korean plants staged a series of partial strikes over pay issues and working conditions. It was the first strike in four years and a major setback as it cost the Korean carmaker $1.4 billion...
- Strike 2: Uaw Goes On Strike Against Chrysler
Following the strike against GM a fortnight ago, UAW (United Auto Workers) went on strike against Chrysler LLC today after marathon negotiations between the union and the money-loosing American carmaker failed to produce a tentative agreement on a new...
- Gm - Uaw Deal: Non-core Workers To Get Half Pay!
As many insiders predicted when General Motors and the United Auto Workers (UAW) shook hands earlier this week, the shift of $50 billion in health-care obligations to the union fund was just half the story. Citing people with knowledge of the plan, Bloomberg...
- General Motors Uaw Strike's #1 Fact
Depending on your perspective, there is one fact in two parts that intrigues me more than anything else when it comes to today's announcement that 73,000 United Auto Workers from some 80 facilities would strike. You ready? Every hour during which...